Wisconsin Statutes & Annotations
Chapter 422 - Consumer credit transactions.
422.208 - Right to prepay.

422.208 Right to prepay. Subject to s. 422.209 and, with respect to a motor vehicle consumer lease, s. 429.207, the customer may prepay in full or in any part, at any time without penalty, the unpaid balance of any consumer credit transaction other than a transaction secured by a first lien mortgage or equivalent security interest on real estate with an original term of 10 years or more and on which the annual percentage rate disclosed pursuant to subch. III is 10 percent or less.
History: 1971 c. 239; 1995 a. 329.

Structure Wisconsin Statutes & Annotations

Wisconsin Statutes & Annotations

Chapter 422 - Consumer credit transactions.

422.101 - Short title.

422.102 - Scope.

422.201 - Finance charge for consumer credit transactions.

422.202 - Additional charges.

422.203 - Delinquency charges.

422.204 - Deferral charges.

422.205 - Finance charge on refinancing.

422.206 - Finance charge on consolidation.

422.207 - Advances to perform agreements of customer.

422.208 - Right to prepay.

422.209 - Rebate on prepayment.

422.210 - Agricultural credit transactions.

422.301 - Requirements of federal act.

422.302 - General requirements and provisions.

422.303 - Form requirements other than open-end or discount.

422.304 - Prohibition of blank writings.

422.305 - Notice to obligors.

422.306 - Receipts; accounting; evidence of payment.

422.307 - Estimates or approximations.

422.308 - Open-end credit disclosures.

422.310 - Refund anticipation loans.

422.401 - Scope.

422.402 - Balloon payments prohibited.

422.403 - Maximum periods of repayment.

422.404 - Assignment of earnings.

422.405 - Authorization to confess judgment prohibited.

422.406 - Negotiable instruments.

422.407 - Defenses assertable against an assignee.

422.408 - Interlocking loans.

422.409 - Notice of assignment.

422.410 - Statements of compliance or performance.

422.411 - Attorney fees.

422.412 - Restriction on liability in consumer lease.

422.413 - Limitation on default charges.

422.414 - Use of multiple agreements.

422.415 - Changes in open-end credit terms.

422.4155 - Notice of termination of liability.

422.416 - Referral transactions prohibited.

422.417 - Restrictions on security interests.

422.418 - Security interests: consolidations; open-end credit plans.

422.419 - Waivers prohibited.

422.420 - Cosigner charges.

422.421 - Variable rate transaction.

422.422 - Cash discounts.

422.501 - Definitions.

422.502 - Registration requirements.

422.503 - Prohibited activities.

422.504 - Information statement.

422.505 - Contracts.

422.506 - Waiver.